Penny Auction List – Penny Auctions Directory & Reviews
Penny Auction List is a carefully-filtered penny auctions directory that includes penny auction reviews, penny auction strategies and news.
Website: BidCactus.com
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BidCactus offers users a wide variety of penny auction items, along with top-tier customer support. BidCactus’ telephone support is an industry leading support service.
Bids Start At: .75 cents
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[...] newly formed nonprofit Entertainment Auction Association is the creation of major websites BidCactus, BigDeal, and Swoopo. The trade association will serve to regulate penny auctions, ensuring [...]
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I spent $150.00 in a very short time on this website and had no auctions to show for it. I believe there is something wrong with this site because every other penny auction that I belong to, I have won numerous times. I actually spent more than that in total (yeah, I’m blonde). Would not recommend this site to people who are cautious spenders.
Bidcactus is not a reputable site. There are a large number of shill bidders or robots on the site. They will bid 2 or 3 times the amount of the auction in bids. For instance, the bots will spend 200 bids on a 100 bid pack. Within minutes of watching the site you can spot these bots. If you look at the won auction list you can spot these bots as well because they don’t have the same win limits as anyone else. They will with 5 to 10 auctions in a few hours.
Bidcactus is a sham.
Bill,
Thanks for sharing your opinion. Bidcactus may be a tougher site to win on, but they have been audited by Ernst & Young and verified the legitimacy of their auction process. If you have concerns about a possible discrepancy in win limits, you should contact their customer service department. We are confident in Bidcactus’ commitment to honest business practices, so if their customer service response does not address your concerns, please let us know.
Bidcactus, Quibids, and all other penny auction sites are scams. In the end, a $500 iPad that sells for $75, may seem like a deal to the guy that won it even if he spent $200 in bids, but we all lose in the end. That iPad that sells for $75 brings in $5,625 in bid revenue. Take away the iPad cost and site maintenance, and you’ve got yourself a cash cow. We all lose. You may get lucky and win a bid here and there, but do yourself a favor and stay away from them.